Grasmere renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Grasmere is about $604 per month. This puts it in the 9th percentile compared to the state average cost of rent, which is $1,024. Households in Grasmere have a median income of $3,839 per month so the average renter in Grasmere is spending roughly 16% of their earnings on housing.
Nationally, and in Grasmere, home values are the data point most closely correlated with the cost of rent. The median price of a home in Grasmere is $210,400 right now, which is higher than nearby cities, meaning that rents in Grasmere also tend to be higher versus these nearby cities.
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